SECURITY POLICY UNDER THE FOLLOWING HEADINGS:
- Payment Options Accepted
- Card Acquiring and security
- Customer Details Separate from Card Details
- Merchant Outlet Country and Transaction Currency
Payment options accepted
Payment may be made via Visa, MasterCard, Diners or American Express Cards or by bank transfer into the Magma Fix (Pty) Ltd bank account, the details of which will be provided on request.
Card acquiring and security
Card transactions will be acquired for Magma Fix (Pty) Ltd via PayGate (Pty) Ltd who are the approved payment gateway for all South African Acquiring Banks. DPO PayGate uses the strictest form of encryption, namely Secure Socket Layer 3 (SSL3) and no Card details are stored on the website. Users may go to www.paygate.co.za to view their security certificate and security policy.
Customer details separate from card details
Customer details will be stored by Magma Fix (Pty) Ltd separately from card details which are entered by the client on DPO PayGate’s secure site.
For more detail on DPO PayGate refer to www.paygate.co.za.
Merchant Outlet country and transaction currency
The merchant outlet country at the time of presenting payment options to the cardholder is South Africa. Transaction currency is South African Rand (ZAR).
PAYGATE process all credit card transactions. All credit card transactions are 128-bit Secure Socket Layers (SSL) encrypted. The company registration documents and the site’s registered domain name are checked and verified by Thawte, ensuring the cardholder and merchant that nobody can impersonate PAYGATE to obtain confidential information.
PAYGATE is committed to providing secure online services. All encryption complies with international standards. Encryption is used to protect the transmission of personal information when completing online transactions. PAYGATE Internet servers are protected by firewalls and intrusion detection systems. The Merchant does not have access to credit details. PAYGATE continually reviews and enhances its security in line with technological changes.
All transactions will be processed in South African Rands (ZAR). We accept credit card payments via the website in which case ‘Virtual Card Acquiring’ will reflect on the card holder’s statement.
Magma Fix (Pty) Ltd shop is pleased to announce that we now support MasterCard SecureCode and Verified by VISA, major new initiatives from MasterCard and Visa that make our customers much less vulnerable to fraud. MasterCard SecureCode and Verified by Visa provide the technology that enables a cardholder’s identity to be verified online, using a password at the time of purchase. The process of verifying the cardholder’s identity is called ‘cardholder authentication’. The introduction of cardholder authentication is an important step towards making trading online more secure and reducing the risk of fraud in the non-face-to-face environment.